Bitcoin Forum

Although Europe is behind Asia and USA when it comes to cryptocurrencies investing (BTC euro market is less than 10 % of total BTC market)

and cryptocurrencies legal regulating in Europe is in many aspects behind other developed parts of world...


congrats to all BTC holders from Europe!
On Exmo and Gatecoin exchange, BTC is over 10000 euros.

We talked very much about $10k border in bitcoin but we missed 10k euro limit in bitcoin. So good news on the way, congrats to the holders for this achievement in europe. Hope we can see even higher prices.

Odd that EUR is so small. The tax situation is much friendlier than the US in most EU states, there are more Europeans, though of course USD is more global, and they're cleverer and more attractive than Americans too.

Spare a thought for us pathetic Brits. We've never really had a proper exchange with smooth banking. £10,000 isn't a million miles away now.

This is actually a dangerous news, now we can have an other major drop because of this EURO limit reached

USD is the only one that had any type of psychological barrier.

1 million yen was a comparative breeze and happened a day or two before. The world raced ahead while USD pondered breaking through.

No one cares or pays any attention to EUR markets.

The issue is the faster payments system. The banks are reluctant to deal with crypto exchanges because faster payments makes it easier for the crooks, because faster payments moves money instantly.

I guess one way around it is for an exchange to bank with a building society that is not on faster payments but uses the slower BACS system (which takes three days).

Actually, major exchanges place are still under 10k€. Kraken and Bitstamp are around 9500€/Btc, Coinbase is a little higher, around 9700€. I'm mainly following prices in € and the 10k threshold isn't passed yet on major exchanges (at least those I know).
It'll come soon, I think, but not today.

You are wrong, because your fiat is US it does not means that other people doesn't feel the same when they are approaching to another psycho barrier.


The same happened on Venezuela when it touched 1 million of their fiat. The same on Zimbawbe when it touched $10,000 (it happened when it was $8,000 in here)

It is almost happening in everywhere in where they see the price based on their fiat.

And yes, congrats to the Europeans, maybe 10,000 euro is a big amount of money for all of you, but it is almost the same, bitcoin is upto $11,800 right now.

If that was possible we'd already have it. Probably the lowliest single granny credit union has been queried by crypto businesses and she must've told them to go fuck themselves.

Even if one institution got in they'd be shunned by everyone else and would have to give it up.

What's needed is clear and proper regulation from the government. No bank wants to have to interpret woolly statements only to be nailed to the wall later. Easier to say no to everything.



1 million yen is a bigger deal in one of the biggest markets. They didn't seem to hang around too long before breaking through.

Are you sure? Isn't Bitcoin taxed in USD just as capital gain tax at 25% and at 15% if you hold for more than one year? I think in some countries in Europe it can be as high as near 50%... it's a scam to be honest. I have no idea about how taxes was because I never had any money before bitcoin.. the only advantage of being poor is that you don't need to stress about taxes because you are so poor that you don't even qualify to pay many taxes in most cases, even if in some countries the poorest still pay the highest taxes, in fact this is the case everywhere since corporations like google and amazon pay tiny amounts in Ireland etc... anyway don't wan't to derail this, my point is, I got no idea about taxes, so instead of fucking up im just going to hold it long term and worry about that later.

Yes. Capital gains in the US is high compared to elsewhere and if you hold for less than one year it's even higher. There's also the theoretical requirement to pay it on everything including buying a coffee. Depends on the state as well of course. They might add more.

In Germany there's no tax after a year of holding. In the Netherlands it's about 2% or less. In the UK it's 20% more or less. Dunno about elsewhere.

Tell that to arbitrageurs. EUR markets have been mostly lagging behind USD the last few weeks. I wouldn't be surprised if that caused a bit of a drag on the USD markets as well. Once the EUR 10,000,- threshold is broken for good the EUR markets may get more bullish as well, thus refraining from dragging the USD market down.

That, or people in the EUR markets may start taking profits, putting downwards pressure on the USD markets as well. In which case -- hold on tight my American friends! And help keep the EUR price above 10,000!



It depends on the country and the situation of the individual holder. In Germany and Austria for example, tax rate after holding for more than one year is zero. Can't get more friendly than that. Worst case you need to pay income tax on your profits, which, while likely higher than in the US, is still not as high as 50%. Taxation may differ in other European countries, as I can only speak for Germany and Austria, however I doubt that you'll get a tax rate as high as 50% in any European country.

On coinmarketcap had not happened yet but we are close.    Being behind Crypto regulations is sort of way better.







If you dont use EUR then ofcourse. Why should you care.  I also dont care of USD or CNY or YEN why should I?

Not even Coinsbank? I always had the impression that the general Brit was quite satisfied with how that exchange has been growing throughout the years. It's a tiny market when it comes to GBP, but they are by far the largest exchange in that segment. That being said, most of the banks allow you to have a dedicated USD account for international minded clients, which could be an option for you to consider. I have dedicated EUR/USD/CHF accounts for years, and have been capable of expanding my international reach significantly with these bank accounts. They however charge pretty steep fees in my case, but as long as I get more than it costs me, Ill keep them.

I have literally never come across one single user of that joint. Even though I was once signed up for their sig campaign I'd forgotten they existed.

If they had proper banking we'd hear about it. It'll be another kludge. Coinfloor I think has to bank in Poland for their GBP.

Even if I use the euro currency for selling, it does not really affect me psychologically. I usually use the dollar while I talk about Bitcoin or even when I read the news and I think it's the same for the majority of people


Yeah, europeans taxes are so friendly. That's why all the international firms are moving manufactories in poor countries and moving the headquarters in countries with rude taxes like Panama, Belize and Luxembourg. And all this after the countries helped them by giving millions of euros in exchange to stay in the country and create jobs. Now they took the millions and go out of Europe.

Congrats!
Waiting for 20k  ;D

I'm the same, my bank account is in Euro, but I look at the price in USD.
I find that the price in Euro is often less accurate than the USD price. When I trade I trade on Bitcoin.de, but the price is all over the place there.

The German system for tax is great, hold for one year and it's tax free. For those of us who bought in 2014, that is a double bonus (the massive price rise being the other)

many users exchange bitcoin into dollar price so that we know we break 10,000$

any way like you say congrats to all BTC holders from Europe and all over world Bitcoin is power

AH! Not long ago, while we were in a slack channel, we were talking about the taxes related to Bitcoin. Most of the people were in to debate how it can be good to make a (what I find to be a silly) system à la Paradise Paper. One of them mentioned your country since we are a neighbor, now I understand better.

Here we have to pay taxes no matter if you own the bitcoins since years, even from mining we have to pay. Generally speaking, I think I am fine with paying the taxes and more taxes I pay more I am happy because it means I earn more money

Last night bitcoin price crossed the 10k€ threshold on major exchanges places. It was imminent as price yesterday was around 9900€, very close to 10k.
This morning (Central European Time) bitcoin is around 10600€, going straight to 11k€

congrats to everyone in €uro land.

we finally made it. I remember the day it went over 100 €. I remember the day when it went over 1000 €. now we got that sweet 10 000 € coin. let that that sink in. you all know what is next....

https://media.giphy.com/media/jb01TZiC2QUXm/giphy.gif

It is 11.150€ just now on coinmarketcap. For me this is not just about bitcoin crossing some psychological barriers, rather about speeding up after a year of insane returns. If we don’t have any significant dip this month we are going to have a very happy year ending.

Congrats to the European investors that they are waiting for this for long time and their desire has come true now and maybe this will create fall in price and buyers get a chance to buy more and I also seeing toward the market now that how many will sell and how many will come to join community I think presently European investors are partying on the money they got as the form of profit from mighty bitcoin.

You glorious bastards.

I can't believe 2017 ended in not only USD 10k,- but also EUR 10k,- being broken. If the price now manages to hold itself above USD 10k,- / EUR 10k,- for a couple of months, BTC is primed to become the new gold during the next recession.

I just scrolled back through my bank account, and see that my last actual Bitcoin to fiat (EUR) cashout was 1.5BTC for €655, lol. It was meant as a treat to buy myself a new laptop after (at that point) a very profitable time. After that, I haven't cashed out a single satoshi anymore, because I am not interested in selling something that only gains value, for something that only loses value. I use that laptop solely to create backups, access my cold wallets, etc. It's a good purchase, but turns out now, a very expensive one. :-X

BTC to euro not famous , all check bitcoin price.

like you say euro market will make few effect in bitcoin (less than 10%)

Congrats again for reaching 10.000 euro price after 18 months..
 I opened this topic in December 2017. and made congratulations..
I hope this is the last time that I will have to do this..  ;D
Let's say that after next peak of cca 50.000 euros we could go back to 15.000 - 20.0000, but hopefully not under 10.000 again...

And for the end some news regarding European regulatory framework..
https://www.theblockcrypto.com/tiny/france-adopts-cryptocurrency-regulation-asks-eu-to-follow-suit/
https://www.globalriskregulator.com/Subjects/Capital/EU-moves-towards-its-own-crypto-asset-regime

*cheers in European*

Now let's hope that our British friends soon follow suit as well! Brexiting is no excuse for lagging behind in reaching 10k ;D

Ah, I was just about to come and announce it but yes, this thread serves as a really good marker and reminder (along with the earlier thread that marks the top 100 days of Bitcoin price in USD!).

All it took was 1.5 years for a return to EUR 10,000, a silly timeframe to wait when you're in this for the long term.

I'm not sure it'll be the last time, but this is certain proof that if it does go under, it shouldn't be another 1.5 years before we see you resume the thread.

Well done everyone (Just sold at Localbitcoins for EUR 10k right now;) ).

Well fuck me, that happened a lot quicker than anticipated.

When pullback? The market looks too good to be true right now.

I was actually up early today and saw that happen practically in real time. Felt really good to sell a big batch just yesterday at 10k EUR, had no idea it was going to pump double-digits again today! I'm still a bit mystified by how little the orderbook seems at these prices. I was really expecting those who got BTC at 6k to trigger 2x profits at 12k but there was absolutely no slowdown.

You're right. Looks too good to be true. I'm not sure what to think really.

Edit: wow nice slap in the Bitcoin's face ;D

I never check the price in Euros, despite I'm European since we always talk in USD, I'm used getting the value in USD.
When I wake up, I say "Alexa Hello!" It turns on the light, prepare my coffee and give me BTC price and then the News =)

I just let the market going, I stopped to care more or less, It's 2 months now I'm puzzled with the trend, how that comes exactly on April 1 the price started jumping for no reasons. (April joke?) People argued this and that but nobody has been able to give a reason. Now people say "it's normal!" :D